NOV Inc.: International & Offshore Markets Expansion & Expansion Into Renewables Catalyzing Growth!

NOV Inc. has reported a strong performance in the second quarter of 2024, with revenues reaching $2.22 billion, indicating a 6% increase compared to the same period in 2023. Notably, international markets demonstrated double-digit growth, and the offshore sector grew by 6%, contrasting with a slight 1% decline in North American sales. The company achieved a net income of $226 million or $0.57 per fully diluted share, an improvement from the previous year. The earnings before interest, taxes, depreciation, and amortization (EBITDA) also saw a 15% year-over-year increase to $281 million.